Lower Bond proceeds, amortizing discount by interest method, and interest expense Boyd co produces and sells aviation equipment. On the first day of its fiscal Year, Boyd assued 570,000,000 of three yearboods at a market (effective interest rate of 11 with interest able in the Microsoft Excel Online file. Open the soreadshest perform the regulad analysis, and input your answers in the questions below. Open spreadsheet Compute the following: 4. The amount of cash proceeds from the sale of the bonds. Round your answer to the nearest dollar $ 66,610,909 X b. The amount of discount to be amortized for the first semiannual interest payment period, using the interest method, Round your answer to the nearest do The amount of discount to be amortized for the second semiannual interest payment perico, osing the interest methe one your answer to the nearest dollar 5 d. The amount of the bond Interest expense for the first year round your answer to the nearest dollar Open spreadsheet Compute the following: a. The amount of cash proceeds from the sale of the bonds. Round your answer to the nearest dollar. $ 66,610,989 X b. The amount of discount to be amortized for the first semiannual interest payment period, using the interest method. Round your answer to the nearest dollar $ c. The amount of discount to be amortized for the second semiannual Interest payment period, using the interest method, Round your answer to the nearest dolu $ d. The amount of the bond interest expense for the first year. Round your answer to the nearest dollar $ Compute bond proceeds, amortizing discount by interest method, and interest expense Boyd Co. produces and sells aviation equipment. On the first day of its fiscal year, Boyd issued $70,000,000 of three-year, 9 bonds at a in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. iterest expense ar. Boyd issued s 20,000,000 of three-year 9% bonds at a market (effective) interest rate of 11%, with interest payable semiannually. Thi nalysis, and input your answers in the questions below